David, an HR Manager at RedWall Inc

question 92

Multiple Choice

David, an HR Manager at RedWall Inc., is moving from an administrative role in the HR department to a strategic role. Which of the following best describes the change in David's role?

• A) Moving from serving as a "champion" for employee concerns to processing legal paperwork
• B) Moving from helping management define the strategy to manage human capital to serving as "champion" for employee concerns
• C) Moving from processing legal paperwork to helping management define the business strategy relative to human capital
• D) Moving from helping management define the strategy to manage human capital to processing legal paperwork

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Definitions:

SMEs

Small and Medium-sized Enterprises, which are businesses with personnel numbers or financial turnover falling below certain predefined limits.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB).

Amortized

In finance, to amortize a debt means to reduce or extinguish it by making regular payments over a period of time, effectively decreasing the principal amount along with interest.

Goodwill

An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair market value of the net identifiable assets of the business.